Crypto Industry News: The digital lender, Capital on Tap, has published data that show that blockchain jobs offer the highest salary among all groundbreaking technology companies in the UK. British blockchain companies offer an average annual salary of £75,000, or about £93,000. They also revealed that these projects provide 544 permanent jobs across the country. […]

Technical Market Outlook: The EUR/USD bounce from the level of 1.0767 was very short-lived as the price were rejected at the level of 38% Fibonacci located at 1.0862. The bears are pushing the price towards the level of .0767 again. The bulls hasn’t made a new local high yet, so the next target for them […]

Technical Market Outlook: The GBP/USD pair is getting closer to the technical support located at the level of 1.2246 after bulls were rejected from 50% Fibonacci retracement on the way up. The momentum remains neutral as well, but due to the fact, that the price is trading below the short-term trend line resistance, the odds […]

Technical Market Outlook: The GBP/USD pair is getting closer to the technical support located at the level of 1.2246 after bulls were rejected from 50% Fibonacci retracement on the way up. The momentum remains neutral as well, but due to the fact, that the price is trading below the short-term trend line resistance, the odds […]

EUR/USD. 1H Quotes of the euro/dollar pair resumed a downward movement to a long-term upward trend line on the hourly timeframe, from which the price has already rebounded several times. In addition, there is also a strong support area of 1.0762 – 1.0775 in the area of the trend line, from which the pair has […]

4-hour timeframe Technical details: Higher linear regression channel: direction – downward. Lower linear regression channel: direction – downward. Moving average (20; smoothed) – downward. CCI: -154.7020 The British pound spent the first trading day of the week in a fairly strong downward movement. However, on the approach to the lower border of the side 400-point […]

4-hour timeframe Technical details: Higher linear regression channel: direction – downward. Lower linear regression channel: direction – downward. Moving average (20; smoothed) – sideways. CCI: -45.7434 On Tuesday, May 12, the EUR/USD currency pair starts with an attempt to resume its downward movement. Yesterday’s attempt to overcome the moving average line was unsuccessful, so the […]

The Australian dollar made a fairly strong leap at the close of the last trading week – it reached the middle of the 65th figure paired with the US currency. Moreover, this price dynamics was caused not only by the general weakening of the greenback – by itself, the aussie also showed character and rose […]

All business media are filled with forecasts and reasoning about how economies will get out of recession – but no one really knows how it will be – quickly or very slowly. A frightened consumer can go to the bottom for a long time and try to save as much as possible – in which […]

4-hour timeframe Average volatility over the past five days: 75p (average). The EUR/USD currency pair was trading incoherently again on the first trading day of the week. However, this is absolutely normal for Monday. No important macroeconomic information was published that day, significant fundamental information that could affect the movement of the pair and the […]

Few weeks ago, the EURUSD pair has expressed significant bullish recovery around the newly-established bottom around 1.0650. Bullish engulfing H4 candlesticks as well as the recently-demonstrated ascending bottoms indicated a high probability bullish pullback at least towards 1.0980 and 1.1075 (Fibonacci Level 50%). Key Supply-Levels in confluence with significant Fibonacci levels are located around 1.1075 […]

Few weeks ago, the EURUSD pair has expressed significant bullish recovery around the newly-established bottom around 1.0650. Bullish engulfing H4 candlesticks as well as the recently-demonstrated ascending bottoms indicated a high probability bullish pullback at least towards 1.0980 and 1.1075 (Fibonacci Level 50%). Key Supply-Levels in confluence with significant Fibonacci levels are located around 1.1075 […]

Intermediate-term Technical outlook for the GBP/USD pair remains bullish as long as bullish persistence is maintained above 1.1890-1.1900 (Double-Bottom Neckline) on the H4 Charts. Recently, Bullish persistence above 1.2265 has enhanced another bullish movement up to the price levels of 1.2520-1.2590 where significant bearish rejection as well as a quick bearish decline were previously demonstrated […]

The Reserve Bank of New Zealand will wrap up its policy meeting at 02:00 GMT Wednesday, and recent developments suggest that more stimulus is needed. A rate cut is probably off the cards for now, so the central bank is more likely to expand its QE program instead. As for the kiwi, its reaction may […]

NZDJPY appears to have somewhat adopted a horizontal demeanour, something also reflected by the directionless Ichimoku lines. As positive momentum is barely present, price is finding difficulty in moving above the Ichimoku cloud’s upper band. Turning to the short-term oscillators, they too paint a picture of weak momentum. The MACD is marginally below its zero […]

AUDUSD penetrated to the downside the short-term rising trend line in the previous days, but advanced to meet it again before the bearish movement today. A trading range has been created after the touch again on the seven-week high of 0.6570 with lower boundary the 0.6378 barrier. The price is flirting with the 20-period simple […]

Gold price is at a crucial junction. Gold price broke above the 4 hour Kumo (cloud) and then pulled back for a back test. Bulls are now trying to bounce price off the support area. This would be an important bullish short-term sign. Recapturing $1,700 and establishing a strong support at current levels will increase […]

EURUSD got rejected at the 38% Fibonacci retracement level last week and pulled back from 1.0863 to 1.0810. Price is now bouncing again but bulls need to push price above recent highs in order to hope for a bigger move higher. Red lines – bearish channel Black line -resistance trend line Red rectangle – resistance […]

USDJPY is trading at 107.37 having broken out of the downward sloping wedge pattern. In our last analysis we warned bears that a break above 107 could be an important bullish signal as price was bouncing off the lower wedge pattern boundary. USDJPY could very well have finished the counter trend move at the 50% […]

Corona virus summary: The mountain slopes of Aragon, a Spanish region bordering France, are one corner of Europe where there is no ambivalence about migrant farm workers. The humans want them and the sheep want them. “We’re trying to make sure these people can get here soon because the weather is getting warmer and we […]

Corona virus summary: Technical analysis: EUR/USD has been trading downwards at the price of 1,0810. The level of 1,0800 is the great support and potential buy zone. I see EUR to go higher in the future due to rejection of the support. There is a breakout of downward channel in the background, which is anotehr […]

Corona virus summary: In France, from Monday members of the public were able to walk outside without filling in a permit for the first time in nearly eight weeks, teachers will start to return to primary schools, and some shops – including hair salons – will reopen. Bars, restaurants, theatres and cinemas will, however, remain […]

Hello! The USD / JPY currency pair is one of the few that has more or less adequately reacted to the US jobs report for April. The number of new jobs in the non-agricultural sectors of the American economy, as well as the unemployment rate and growth in the average hourly wage in the United […]

Good day traders! The GBP/USD pair traded in different directions last week, but the British currency still fell in price against the US dollar by 0.67%. Although the data on nonfarm employment, unemployment rate and average hourly wage in the US exceeded the expectations of economists, it was on Friday that the GBP / USD […]

Overview: The EUR/USD pair dropped from the level of 1.1020 to the bottom around 1.0767. But the pair has rebounded from the bottom of 1.0767 to close at 1.0825. Today, the first support level is seen at 1.0922, and the price is moving in a bearish channel now. Furthermore, the price has been set below […]